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الثلاثاء، 15 نوفمبر 2016

Pension exit fees cap confirmed

The fees savers are charged for cashing in or transferring their pensions are to be capped at 1%.

The fees savers are charged for cashing in or transferring their pensions are to be capped at 1%.

The Financial Conduct Authority confirmed that the cap on personal plans will come into force on 31st March 2017, while the Department of Work and Pensions will introduce the same cap for occupational schemes in October 2017.

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Source Moneywise http://ift.tt/2f0nq7m

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